Monday, August 18, 2014

Dollar General enters race for Family Dollar with $8.95 billion bid

(Reuters) – Dollar General Corp offered to buy Family Dollar Stores Inc for $8.95 billion, trumping a bid by Dollar Tree Inc and aiming to strengthen its dominance of a growing segment of retailers serving penny-pinching customers.
Shares of Family Dollar, the No. 2 U.S. discount chain,...
Dollar General enters race for Family Dollar with $8.95 billion bid

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